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SARS has issued a notice stating that from 1 December 2022 admin penalties will be charged for late submission of income tax returns which are outstanding from 2007 to 2020.

For Individual Tax Returns: SARS will be issuing penalties for outstanding returns from the 2006 tax year of assessment. For Companies: Where final demands were issued for the submission of overdue income tax returns from 1 March 2009 and following subsequent assessment periods, SARS will be issuing the penalty for each period.

These non-compliance penalties will continue to re-occur until the outstanding tax returns are submitted, for a maximum of 35 months. The penalties are based on the estimated taxable income available to SARS, ranging from R250 to R16 000. The penalties remain due to SARS for payment even after submission of the tax returns, however you can request for remission or request a reduction of penalties.

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